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The way I see how the trading has gone so far today, the MMs had a rather large buy order @15 at the open but had to play with the bid and ask to find enough to fill the order. As I and many others have seen in the past, the MMs delay posting trades to their benefit. IMHO, as we saw this morning, almost no trades were posted making it look like nothing was moving today and then later in the day as they were able to free up enough shares to fill the order, they posted it to make it look like sells, and not just a few, but 25 million shares and the PPS stayed the same. Same game, same tricks as before but their time is running short. Tony could come out with a monster PR at any time and these games will end for some time to come. Hold tight people, later today is going to get crazy, IMHO.
GLTY, larybaby2
Do ya think he may surprise us all with an after hours PR? Could you imagine the scrambling the MMs would be doing at the open tomorrow.
GLTY, larybaby2
You're right Briggsy. They can make a buy look like a sell at will. When have you seen a sell that large and not see a downtick? Still 2 amigos sitting @15 hoping for more, that says a lot. BTW Briggsy, I noticed today for the first day here ever I think, that all but one MM has a realistic ask in place. Instead of having 6 of them parked @.20, .50, .60, etc.... They are all within reach of a nice run where they sit within a trading day rather than within a crazy dream. LOL. That tells me even they know, when the bombs start to drop, this is going to move fast.
GLTY, larybaby2
CJ, this is all normal trading we are seeing today. People are in the market to make profit and if we were all real lucky, would be able to ride FREE shares at some point and take most of the risk out of trading pinkies. It's all good. We need some consolidation during a run. Don't anyone forget we've been heading north for 3 weeks now, slow but sure. Many outsiders had us on their radar and this gives those people a much better entry point than 18. We're going to be better than fine here. One small bump in the road before another push to a higher channel. Too much to be announced later this week for us to stay in this area.
GLTY, larybaby2
Yep, right after market close, gonna pick up a bag of "DEPENDS".
Didn't think I would need them until later this week. LOL.
GLTY all, larybaby2
The 3 amigos trying to show a wall @14. They are 3 deep and noone else around until 18. That wall is oh so thin. They are in big trouble and are feeling the heat. Some heavy buying pressure for a half hour or so and they are toast.
GLTY, larybaby2
Strange, eratic, soft trading so far. Small amounts and bouncing from 12 to 14 on under 2 million in volume. The 3 amigos are stacked 3 deep @ 14 on the bid now. Something here is gonna give big time.
GLTY, larybaby2
Nabbbss, thank you again for the wonderful enthusiasm and DD. You know, I too have been here a long time and witnessed the negativity around here and watched how the bears could have such an impact on the PPS. It's been four months of doom and gloom but the milestones this company has already met and the major accomplishments and revenue about to begin has turned things around.
I am a big chart buff and although I am relatively new at this, feel I have a pretty good handle on what to watch for in the charts. Resistence points, support levels, PPO, ChiOsc, RSI....all good tools to help investors see where a stock is heading. One unwritten and unpublished tool I also use in tandem with the charts, is the IHUB blog indicator(as I call it).
For months, the missed deadlines and raising of funds by the company(which BTW were needed at the time to move us forward) was met by bears with an agenda to kill the PPS. It had risen to great heights on speculation alone and although was overpriced for what we had to show for accomplishments was not so overvalued to have us dabbling in the triple 0's. Now that we have some concrete milestones met and all the bears innuendos they threw out there for a purpose were proven wrong, the stock price leveled off, people knew the potential here and saw a great entry point to jump in or jump back in. The price has since risen nicely but still far far away from where it truly belongs. We will get there in time, as the real buying begins on Monday as we lead up to our official launch.
The bears are in hibernation now as there is nothing they can say or do to negatively affect the PPS. The bulls are in complete control, not because we are pumpers but because we all have cause to celebrate the accomplishments of the company and knowing we hold on to a great many shares of a truly undervalued stock. Most of these shares have been eaten up by strong hands and longs and as the MMs grow tired of manipulating the price, will step back and let it run. As the sentiment on this board has totally changed directions, it is this indicator I also use as a signal to buy more shares. IMHO, MOMO returns to this stock in full throttle starting at market open and we will see strong buying pressure for the next few weeks. Where the PPS settles in by then, nowbody knows....but some of us have a pretty good idea. Good luck to my many friends and aquaintances on this board and hopefully one day soon, we can get together somewhere for one hell of a party.
See you all Monday, larybaby2
Volume precedes price. Nice day all in all. Monday should be great but with a bit of good news could be stellar! We will move up nicely from here starting on Monday. Mark my word and this post. We are now on the launching pad waiting for liftoff instructions. Man this is just starting to get fun again around here.
GLTY all, larybaby2
13s should fall rather quickly now heading into a strong close.
GLTY, larybaby2
DOMS jumped from 6 to 12 and looks like he is ready to jump into the fold. Going to get wild here soon IMHO.
larybaby2
3 Deep and counting @13 on the bid. Strong finish today is shaping up nicely.
larybaby2
The MMs are beginning to stack @13. Strong power hour ahead IMHO.
GLTY all, larybaby2
I believe they have a large buyer @13 for like 10 million shares and they are trying to accumulate sellers at that level until they have enough to fill it. That is why they only show the bid @ 11 when we sit @14. Just watch!!!!!!!!!!
GLTY, larybaby2
Now look at that spread....11 and 14. LOL. they will have to walk this up. It makes no sense down here. And BTW, I truly believe the MMs just shuffled shares among each other to lower the price. I have a hard time believing that was retail responsible for the selling.
GLTY, larybaby2
I'm thinking they got a feeling if they don't try a shake now for some cheapies, an hour from now they will be out of luck. We all know this is a manipulated price right now and as always, hold firm and we'll be right back up and beyond before long.
GLTY, larybaby2
Did you see that....Just as I said. They walked it down to fill some 3.5 million @13 just to uptick it back to 14 right after. Without buying pressure this is how they play to make their commissions.
GLTY, larybaby2
I hear ya Dream, some do some bidwhacking, but I put more blame on the MMs trading among each other to keep the PPS in the range they want. Once we get real buying pressure, they cannot play those games and have to start to play by the rules. I,E. Supply and demand. We are fine here, the real buying will be here in power hour today. IMHO.
GLTY, larybaby2
Briggsy, this action is expected. We will not see a rise in PPS even during a trading session without seeing some selling and locking in of profits to bring the PPS down some. This is all very normal trading and the lull in trading we are seeing is normal also. The MMs have a battle plan and will fill as many of their shorts as they can for as cheap as they can because time is running out for them. Hell, an announcement of gigantic proportions could be right around the corner, but they will trade cautiously and try not to get caught with their pants down if possible. They are known to holdback trades and not post them to level2 to make it look like there is a lull when in fact, all of a sudden we will see them post them all at once and make it look like a run is starting to entice buying and move the PPS to a higher channel. We are in great shape the way the action is happening today and as long as we continue with higher highs and higher lows, things are all good here. IMHO, we will see some real buying heading into the close to blast past the 15 resistence.
GLTY, larybaby2
If they have any hope of shaking a few shares loose, they will need to walk it up to a point that there msy be some downside to owning the stock. We are still not even close to where it should be with all the news about to be dropped on us. The upside far outweighs the downside at this level. A bit of buying pressure and they will walk it up some.
GLTY, larybaby2
We have had 400-600 million volume days in the first run and I can see this happening again with more solid news to be dropped on us at any time. One thing I noticed is how Tony does not only PR before market opens, he'll do it at any point in the day and I love that aspect. Another bomb dropped at any moment keeps traders holding firm, knowing full well, at this point in time, any news we get will be good news. And we can see what a bit of good news can do to the PPS in a short time. We should see more buying pressure heading into a higher close. This has been showing awesome strength today and I believe will continue to surprise many.
GLTY, larybaby2
I agree. I see some strong buying in the next little while as the MMs see there is virtually no action at this level. They need to walk it up to entice the odd few to sell some. I see us ending the day in the 16-18 range.
GLTY, larybaby2
Any of us longs know what this is all about. We've see it all before. Only problem is this time, there is substance to the rise in PPS and traders out there know it....new and old shareholders alike. These small dips are healthy and needed before we continue the move north. It's all good here boys. Again, patience will be rewarded. I think we traded roughly 100 million shares yesterday above .0011. We are in really good shape here.
GLTY, larybaby2
Absolutely Houston. We will see a lot of that in the next few months. The potential here is enormous and people who are on the sidelines want a piece of the action. They will always try to buy cheaper if possible, but if we show solidarity and strength in holding, they will stop sitting on the bid and buy at the ask. After a bit of churning at these levels I believe we see some strong buying pressure and move higher as the day goes on. All IMHO.
GLTY, larybaby2
The shake will continue for a while yet. Any stock that runs like we did for 2 days is going to re-trace a bit, consolidate, and if there is an underlying reason for the run to begin with, then we move higher. There is no reason for this to be headed lower with what is coming down the pipe in the near term. We will dip then move back up. Sometimes, it all happens within the same trading day and then close higher. That is what I expect to see here.
GLTY, larybaby2
Thanks Chart Guy for your effort here. Much appreciated. One thing I'd like to add that may have some bearing here. The .001 level was to be a resistence point I believed would take a few days and a lot of volume to breach. What we have witnessed is the result of some PR's by the company and a big one about the dividend.
These announcements tend to trump the chart when it comes to resistence levels. I believe Chart Guy is spot on that .001 is a must hold support level, but I don't see that as a problem at this point in time. Things are coming together, PRs continue to flow, big things about the Nov 1st contest and launch yet to be announced. Too much going forward IMHO, to have any doubt that we maintain this upward movement and not slow down a lot until the next resistence point in the .0025 range. As I previously posted a few days back, we should see some sideways movement at some point with some small pull backs along the way, just to keep the chart bullish, but the time we churned in the 3-5 range, there wasn't a lot of volume and a lot of flipping was going on for a few ticks or longs were buying to average down. That is why I see the scenario being a bit different than most runs.
The longs who bought to average down have no intention of selling any until much higher and as for the rest purchased down there, most were already flipped, which leaves not a lot of shares available to trade. The dividend date of Nov 15th will entice many to watch the PPS increase without any thought of selling at any price until after that date. We shall see. But IMHO, we continue to the next resistence point near 25 before we churn for a few days before the next leg up.
GLTY, larybaby2
They are now 3 deep on the bid hoping to catch a few shares without slapping the ask. Good luck with your efforts.
larybaby2
Nite just moved up to 18. Not many shares to be had in this range.
larybaby2
Only 2 left @13. GO ENTI.
GLTY, larybaby2
I agree. And quite easily I might add.
GLTY, larybaby2
It's looking like power hour is going to start a tad early today. LOL. Get covering SHORTY.
larybaby2
A close like that is certainly within reach. If we all could throw a bit of dry powder at the ask E.O.D., it is very possible.
GLTY, larybaby2
Yes, 3 left @12, but not to worry. As we've seen the last few days, these walls are usually quite thin if we can get that bit of buying pressure. IMHO, we will see the increase in volume in power hour and finish strong again today. One thing we have is time on our side to watch our investment increase a lot in the next few weeks. The same can't be said for shorty.
GLTY, larybaby2
People are holding tight for a much higher price. Not much action in this range except for the MMs shifting shares to each other. They need to walk this up a few ticks to entice a few into selling some. They will not have much luck IMHO. Too much smart money buying and holding until the divy is handed out at the very least.
GLTY, larybaby2
I have a belief that since Britto's involvement, they are doing just that....discussing more revenue streams. MMX has continued to say that our site will be different than others with the pop up adds non-existant for the members more pleasureable experience and that is all fine and dandy. But as you can see with any site you go to, you will find ad after ad, bombarding you at every click. The reason for that is of course.....revenue, and lots of it. Where I see this going is similar to the idea IHUB recently had by having many pop up ads when you first went to the site and if you found these to be an annoyance, give you the option of up-grading to a more expensive membership level to avoid this. All in all, a great idea, allowing MMX to be true to their word. They can sign on advertisers, that would get exposure as newbies went to the site to check it out, receive advertising dollars, then offer up a cleaner,ad-free, less busy site to those interested, in the form of a platinum membership, adding one more perk for the paying customers. This would "kill two birds with one stone" or as Ricky from the Trailer Park Boys would say....."It would get two birds stoned at the same time". LOL. Anyway what I am trying to stress is the fact that there are many options available for them to increase revenues here as time goes on. Memberships will be the driving force here but that is just the beginning IMHO.
GLTY all, larybaby2
I remember one order I had in a month or so ago for 5 million shares @2 when they were trading in the 2-3 channel. I submitted it thinking highly unlikely to fill it all, so pick up what I could, I submitted any part of. I was able to get 5 thousand in the morning and 15 thousand in the afternoon for a whopping 4 dollars worth of stock and of course a 14.95 brokerage fee for a total of 18.95. Needless to say, I wasn't impressed. LOL.
GLTY, larybaby2
Let me give you my thoughts on that Briggsy. As you said your bank only allows you a maximum of 1 million shares to be bought at a time. Were your buy orders for all or nothing, or, any amount of? If your orders were for all or nothing, my guess is, as there were only 3 MMs left at 9 before the close, between the 3 left, none had a least 1 million for sale. How many times have we seen false walls with 6-7 MMs sitting at a certain PPS, Then as we see some buying pressure, some move to higher ground and others are taken out with a 5000 share sale. These MMs need to only have a minimum of 5000 shares available for sale on the ask at a time, and if watching level 2 and not knowing that fact, many watchers think a wall will stop the increase in PPS, when in fact, it is shown as such to slow down the buying or get people to see that and sell at the bid so they can make a tiny profit and run. I hope this bit of insight helps.
GLTY, larybaby2
Hi Briggsy,
Congrats on your accumulation of shares here. I am holding some 20 million and see this heading quite high in the next few months. I will hold and continue to add on the way up.
I have been a believer in the plan since day one, but with the dilution and the naked short selling going on....driving the PPS so low, I started to lose faith. These latest devellopments announced by Tony and the SEC ruling bodes well for us here.
Although I made mistakes watching it drop without hitting the sell and re-entering when the shenanagins ended is my own fault, but averaging down cost more money, it was worth it in the long run as I could see this being manipulated. I do agree with your thought.....there really wasn't that many shares traded down at that level. What people have to remember is when we started to see the 2-4 range, many people were day trading for a tic or two and selling for a 33-50% profit. The volume also remained quite low. This went on for weeks, and others, myself included, bought some for a long term hold to average down. So, in essence, I believe the shares traded then and available for sale for a bit of profit are very few. Anyone who bought to average down will not be prepared to sell for a tiny profit after this roller coaster ride. We are at the cusp of something potentially HUGE here and the real ride is just beginning. Anyone in their right mind, would at the very least hold until after the 15th of November and receive their dividend before actually selling a few. With what is coming down the pipe in the near term, this could go well beyond many people's expectations.
GLTY Briggsy, larybaby2
Closing end of trading day at the high was HUGE for us and not a paint job. Close to 20 million bought at the ask, bodes well for the chart and going into Monday's trading. Without any kind of announcement we should see continuation here and with a nice PR.....it's anyone's guess. Congrats to all longs on a great day today and best of luck to us all moving forward.
LONG and STRONG....larybaby2
If you are a holder of this stock on NOVEMBER 15th, you will receive a 5% dividend. That 5% dividend will be received as RESTRICTED stock to be held for 1 year before it is tradeable.
GLTY, larybaby2